Great Lakes Society Of Orthodontists
- Assets
- $835.8k
- Revenue
- $298.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Worthington, OH
- Founding
- 11/1963
- Data as of
- 06/2022
- EIN
- 31-6038972
Organization Overview
Great Lakes Society Of Orthodontists is located in Worthington, OH. The organization was established in 1963. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Great Lakes Society Of Orthodontists is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Great Lakes Society Of Orthodontists generated $298.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $267.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE ETHICAL DELIVERY OF QUALITY ORTHODONTIC CARE BY PROVIDING ITS MEMBERS WITH EDUCATIONAL OPPORTUNITIES AND INFORMATION REGARDING ADVANCES IN ORTHODONTIC TREATMENT AND TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ITS MEMBERS WITH EDUCATIONAL OPPORTUNITIES AND INFORMATION REGARDING ADVANCES IN ORTHODONTIC TREATMENT
TO PROVIDE ITS MEMBERS WITH EDUCATIONAL OPPORTUNITIES AND INFORMATION REGARDING ADVANCES IN ORTHODONTIC TREATMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie D Martone Pres-Elect | OfficerTrustee | 2 | $0 |
J Martin Palomo Vice Preside | OfficerTrustee | 2 | $0 |
Anthony Puntillo President | OfficerTrustee | 2 | $0 |
Michael Sherman Trustee | OfficerTrustee | 2 | $0 |
Scott O Schulz Secretary/tr | OfficerTrustee | 2 | $0 |
Fatima Ahmed Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $122,497 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,497 |
| Total Program Service Revenue | $167,530 |
| Investment income | $13,962 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,093 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $298,896 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $350 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $71,381 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,551 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,225 |
| Travel | $11,615 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $153,372 |
| Interest | $64 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $674 |
| All other expenses | $647 |
| Total functional expenses | $267,822 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,072 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $42,027 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $453,246 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $441 |
| Total assets | $835,786 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $115,940 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $115,940 |
| Net assets without donor restrictions | $719,846 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $835,786 |
Grants Awarded
Over the last fiscal year, Great Lakes Society Of Orthodontists has awarded $15,450 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AAO DISASTER RELIEF FUND | | | $10,000 |
AAO FOUNDATION | | | $5,450 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Automation Alley Troy, MI | $10,050,141 | $14,162,417 |
Pennsylvania Compensation Rating Bureau Philadelphia, PA | $10,444,965 | $13,500,527 |
Can Do Inc Hazleton, PA | $88,120,031 | $19,938,198 |
York County Economic Alliance York, PA | $4,435,375 | $9,671,986 |
Bridgeway Capital Inc Pittsburgh, PA | $100,800,088 | $11,446,748 |
International Automotive Oversight Bureau Southfield, MI | $23,323,319 | $7,456,066 |
Altoona-Blair County Development Corporation Altoona, PA | $122,969,142 | $33,416,279 |
Greater Wilkes-Barre Industrial Fund Inc Wilkesbarre, PA | $1,685,287 | $7,409,722 |
Ohio Community Development Finance Fund Columbus, OH | $57,278,842 | $7,712,446 |
Cincinnati Better Business Bureau Inc Cincinnati, OH | $1,847,305 | $4,143,788 |
Battle Creek Unlimited Inc Battle Creek, MI | $30,442,185 | $6,639,976 |
Uptown Reinvestment Corporation Inc Flint, MI | $86,466,656 | $7,223,856 |